• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $23 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Capital Vacations Has Just instituted must pay annual timeshare fee for the year your want to bank for Four Sails

oceanliner1

TUG Review Crew: Veteran
TUG Member
Joined
Jul 31, 2011
Messages
3
Reaction score
7
Location
Haymarket, VA
Very unhappy owners - had something come up and wanted to bank my February week at Four Sails in Virginia Beach. Got a note back from RCI my request was denied. I have been an owner there for decades and never had this happen. Called them and they said that yes - it was a policy change by the new owner - Capital Vacations at a Board Meeting last week and she was not sure if it had been publically communicated to the owners. I asked how are we supposed to pay dues if we do not even know how much they will be? The response was to pay the same as was paid for the previous year. So basically is you want to bank a week a year in advance you need to pay the fee now and Capital gets to use it interest free for a year. I prefer to stay at my units but some years I choose not to. I guess it's RCI's loss as I would rather lose it or ask to rent it if they have an interested party rather than bank. Starting to think VRBOs are a better option.
 

klpca

TUG Review Crew: Veteran
TUG Member
Joined
Sep 11, 2006
Messages
8,610
Reaction score
7,850
We own at the Quarter House and we have always had to pay up front to deposit. So for example, I deposited my 2025 QH week last July. I had to pay in advance (so we paid the 2024 amount) and I was able to trade the week already. Last week I received a bill for the balance, and that is due by the end of the year. If everyone was good about paying their maintenance fees when they were due it would be great, but I suspect that people deposited their weeks, made exchanges, then never paid their maintenance fees.

Here's another thread on the issue
It doesn't make it any easier, but at least you have company.
 

tschwa2

TUG Review Crew: Veteran
TUG Member
Joined
Dec 19, 2008
Messages
16,170
Reaction score
4,784
Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
15 years ago, probably only about 15% of resorts made you prepay in order to bank your future year week with an exchange company. These days 80-90% require it. To many owners bank their weeks and then default and at that point the week is gone. Many float week resorts make you prepay in order to reserve a week. With a February week that you are depositing now, you are only paying a month early or do you mean Feb 2026? It is a pain to have to pay a year out but it is what it is at this time. Marriott is the only major developer that still doesn't require prepayment to bank.
 

b2bailey

TUG Review Crew
TUG Member
Joined
Oct 30, 2007
Messages
3,848
Reaction score
2,895
Location
Santa Cruz CA
15 years ago, probably only about 15% of resorts made you prepay in order to bank your future year week with an exchange company. These days 80-90% require it. To many owners bank their weeks and then default and at that point the week is gone. Many float week resorts make you prepay in order to reserve a week. With a February week that you are depositing now, you are only paying a month early or do you mean Feb 2026? It is a pain to have to pay a year out but it is what it is at this time. Marriott is the only major developer that still doesn't require prepayment to bank.
Hmm. Interesting comment about Marriott.
I've been considering banking my Newport Coast week but assumed I would need to pay MF first. I agree most others do require payment to book.
 

buzglyd

TUG Member
Joined
Jan 10, 2013
Messages
3,901
Reaction score
2,381
Location
Carlsbad, CA
Resorts Owned
HGV Lagoon Tower
HGV Carlsbad Seapointe
Gaslamp Plaza Suites
SVV Bella
My Gaslamp unit required pre pay long before Capital got involved.
 
Top